QUALCOMM Incorporated (QCOM)

NASDAQ: QCOM · IEX Real-Time Price · USD
169.30
+0.17 (0.10%)
At close: Mar 28, 2024, 4:00 PM
169.04
-0.26 (-0.15%)
After-hours: Mar 28, 2024, 7:57 PM EDT
0.10%
Market Cap 188.75B
Revenue (ttm) 36.29B
Net Income (ttm) 7.76B
Shares Out 1.12B
EPS (ttm) 6.90
PE Ratio 24.54
Forward PE 17.03
Dividend $3.20 (1.89%)
Ex-Dividend Date Feb 28, 2024
Volume 5,322,365
Open 169.13
Previous Close 169.13
Day's Range 167.98 - 169.89
52-Week Range 101.47 - 177.59
Beta 1.41
Analysts Buy
Price Target 147.10 (-13.11%)
Earnings Date May 1, 2024

About QCOM

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products. The QTL segment grants lice... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Dec 13, 1991
Employees 50,000
Stock Exchange NASDAQ
Ticker Symbol QCOM
Full Company Profile

Financial Performance

In 2023, QUALCOMM's revenue was $35.82 billion, a decrease of -18.96% compared to the previous year's $44.20 billion. Earnings were $7.23 billion, a decrease of -44.09%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for QCOM stock is "Buy." The 12-month stock price forecast is $147.1, which is a decrease of -13.11% from the latest price.

Price Target
$147.1
(-13.11% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Blackstone, Qualcomm CEOs Meet Xi Jinping In Beijing Amid US-China Trade Tensions

Chinese President Xi Jinping met with a group of American business executives in Beijing on Wednesday as his government attempts to boost overseas investment in the country amid ongoing geopolitical a...

Other symbols: BX
1 day ago - Forbes

China: Xi Meets US CEOs from Blackstone, Qualcomm and More

China's President Xi Jinping met with a group of American business executives in Beijing on Wednesday. Participants to the meeting included Blackstone's Stephen Schwarzman and Qualcomm's Cristiano Amo...

Other symbols: BX
1 day ago - Bloomberg Markets and Finance

Semi stocks will continue to bifurcate in performance, says James Cakmak

James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.

3 days ago - CNBC Television

Qualcomm ends bid to buy Israel's Autotalks after antitrust probe

Qualcomm on Friday said it has terminated its bid to acquire Autotalks, an Israeli firm that makes communications chips to help prevent car crashes.

6 days ago - Reuters

Nvidia and Qualcomm join Open Source Robotics Alliance to support ROS development

The Open Source Robotics Foundation (OSRF) this week announced the launch of the similarly named Open Source Robotics Alliance (OSRA). The new initiative is designed to maintain development for and ma...

Other symbols: NVDA
9 days ago - TechCrunch

OMNIVISION Announces Automotive Image Sensor with TheiaCel™ Technology Now Compatible with Qualcomm's Snapdragon® Digital Chassis™

SANTA CLARA, Calif.--(BUSINESS WIRE)-- #InfiniteIngenuity--OMNIVISION, a leading global developer of semiconductor solutions, including advanced digital imaging, analog and touch & display technology,...

10 days ago - Business Wire

Cerebras Selects Qualcomm to Deliver Unprecedented Performance in AI Inference

SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, a pioneer in accelerating generative artificial intelligence (AI), today announced the company's plans to deliver groundbreaking performance and v...

15 days ago - Business Wire

‘There is a battle looming in 2024': Qualcomm wants to become ‘the Nvidia of AI' on your smartphone and computer

In the world of artificial intelligence and the computing infrastructure that powers AI, there is only one king: Nvidia NVDA, -5.55%.

19 days ago - Market Watch

Qualcomm raises dividend, boosting stock's yield above 2%

Qualcomm Inc. said Tuesday that it will raise its quarterly dividend, enough to make the semiconductor company's stock one of the few in the technology sector to yield more than 2%.

23 days ago - Market Watch

Qualcomm Increases Quarterly Cash Dividend

SAN DIEGO--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company's quarterly cash dividend from $0.80 to $0.85 per s...

23 days ago - Business Wire

U.S.-China tensions over Taiwan threaten to derail Nvidia and other tech giants

The concentration of advanced semiconductor manufacturing in Taiwan has raised fears in the United States about the vulnerability of this supply chain should China blockade or invade the island. The U...

Other symbols: NVDAAMDARMASMLTSM
26 days ago - Market Watch

Court says EU must pay a fraction of legal fees sought by Qualcomm

Europe's second highest court has said EU regulators should pay 785,857.54 euros ($851,634) of legal fees for Qualcomm , less than 90% of the 12 million euros sought by the U.S. chipmaker after it won...

26 days ago - Reuters

US logistics firm Airspace expands in Asia, partners with Qualcomm

Airspace Technologies, a U.S. logistics startup that specializes in transporting time-sensitive cargo, on Thursday said it is expanding operations in Asia and working with Qualcomm and other semicondu...

4 weeks ago - Reuters

'We are starting to see the AI revolution' on mobiles, says Qualcomm CEO

Cristiano Amon ,CEO of Qualcomm, discusses AI and the mobile phone industry with CNBC.

4 weeks ago - CNBC International TV

AI's Next Phase With Qualcomm CEO Cristiano Amon

Qualcomm CEO Cristiano Amon discusses the company's role in the future of AI, how the industry can benefit from AI-powered devices, and the need to do business in both the US and China.

4 weeks ago - Bloomberg Markets and Finance

Final Trades: JPMorgan Chase, Steel Dynamics, Qualcomm and URNM

Today's ‘Halftime Report' Investment Committee, Bryn Talkington, Joe Terranova, Jim Lebenthal and Josh Brown, give their top picks to watch for the second half.

Other symbols: STLDJPMURNM
4 weeks ago - CNBC Television

Qualcomm will be 'at forefront' of AI device deployment: CFO

Semiconductor designer Qualcomm (QCOM) showcased its latest generation of chips and AI models for mobile devices at the 2024 World Mobile Congress in Barcelona, Spain. Qualcomm CFO and COO Akash Palkh...

4 weeks ago - Yahoo Finance

Spectricity Announces Collaboration with Qualcomm to Bring Spectral Imaging to Next Generation Smartphones, Unlocking Accurate Color and Seeing Beyond What's Visible

BARCELONA, Spain--(BUSINESS WIRE)--Spectricity and Qualcomm announce collaboration to bring spectral imaging to mobile devices.

4 weeks ago - Business Wire

Qualcomm Makes Its AI Stock Pitch, and Other Technology News Today

Qualcomm wants to be the next chip maker to get an AI boost. It's making it easier for developers to get access to AI models optimized for smartphones and other devices.

4 weeks ago - Barrons

HARMAN Works With Qualcomm to Drive Automotive Innovation with New Ready Connect 5G TCU for Connected Cars

BARCELONA, Spain--(BUSINESS WIRE)--HARMAN, a global leader in connected vehicle solutions, today announced the launch of the HARMAN Ready Connect 5G Telematics Control Unit (TCU), leveraging state-of-...

4 weeks ago - Business Wire

Stocks This Week: Buy Qualcomm And Nordson

Thus far in 2024, all stock market lights are flashing green. January was up, and there has been a string of consecutive up months.

Other symbols: NDSN
4 weeks ago - Forbes

Mavenir and Qualcomm to Accelerate 5G High-Density Open vRAN Deployments

BARCELONA, Spain--(BUSINESS WIRE)-- #5G--Mavenir and Qualcomm collaborate towards leveraging the Qualcomm® X100 5G RAN Accelerator Card and Mavenir's Open vRAN solution.

5 weeks ago - Business Wire

Mavenir Unveils Next-Generation ‘Green by Design' OpenBeam™ Massive MIMO Radio Powered by Qualcomm® 5G RAN Platforms

BARCELONA, Spain--(BUSINESS WIRE)-- #MWC24--Introducing Mavenir's Next Gen OpenBeam massive MIMO - lean design, energy efficient with built-in intelligence and automation.

5 weeks ago - Business Wire

Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of $189?

Qualcomm stock currently trades at $153 per share, roughly 20% below its pre-inflation shock high of $189, seen in December 2021, and has the potential for meaningful gains. QCOM saw its stock trading...

6 weeks ago - Forbes

Qualcomm Chip Share Inside iPhones Is Still Strong, Says Analyst

Piper Sandler analyst Harsh Kumar wrote “the 2024 iPhone is

6 weeks ago - Barrons